May: Sugar Land experienced a 1.6% drop in median home valuations

Real Estate
Re 6

The median assessed value of a home sold in May in Sugar Land fell by $4,392 while total valuation increased by 21.7 percent, according to BlockShopper.com.

In May, there were 101 homes sold, with a median home valuation of $275,994 - a 1.6 percent decrease from the $280,386 median valuation for the same period of the previous year. There were 83 homes sold in Sugar Land in May 2021.

The following table compares Sugar Land to other Fort Bend County cities with similar median home valuations in May:

CityMay 2022 Home SalesMay 2021 Home Sales% change (Total Home Sales)May 2022 Median ValuationMay 2021 Median Valuation% change (Median Valuation)
Sugar Lands10-$342,688$0-
Cinco Ranch1115-26.7$339,568$389,160-12.7
New Territory811-27.3$294,914$250,09017.9
Greatwood815-46.7$280,194$311,643-10.1
Katy85109-22$279,536$310,890-10.1
Sugar Land1018321.7$275,994$280,386-1.6
Pleak10-$254,210$0-
Needville41300$240,964$30,968678.1
Sienna Plantation11683.3$233,800$269,568-13.3
Greatwood Village10-$224,816$0-
Missouri City3749-24.5$223,500$249,560-10.4